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China Minsheng Banking to Appoint Cong Jun as Chairman of CMBC Wealth Management, To Succeed Ouyang Yong Who Has Reached Retirement Age

24th May 2024 | Hong Kong

China Minsheng Banking Corporation will be appointing President of Shanghai Branch Cong Jun as Chairman of CMBC Wealth Management, and will succeed Ouyang Yong who has reached retirement age.   Earlier in 2024 April, China Minsheng Trust has hired 2 state-backed trust firms Citic Trust & Huarong International Trust to provide daily operations & management services to China Minsheng Trust.  China Minsheng Trust has been suffering from non-performing assets & major creditors to China real estate firms including to China Evergrande & China Fortune Land.  

“ China Minsheng Banking to Appoint Cong Jun as Chairman of CMBC Wealth Management, To Succeed Ouyang Yong Who Has Reached Retirement Age “

 



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Distressed China Minsheng Trust Hires 2 State-Backed Trust Firms Citic Trust & Huarong International Trust to Provide Daily Operations & Management, China Minsheng Trust Suffering from Non-Performing Assets & Major Creditors to China Real Estate Firms Including China Evergrande & China Fortune Land 

Shanghai Pudong City | Leading Financial Centre in Asia

20th April 2024 – Distressed China Minsheng Trust has hired 2 state-backed trust firms Citic Trust & Huarong International Trust to provide daily operations & management services to China Minsheng Trust.  China Minsheng Trust has been suffering from non-performing assets & major creditors to China real estate firms including to China Evergrande & China Fortune Land.




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